Sentences with phrase «replaced at its current market value»

A Cambridge homeowners insurance policy may also give you the option of choosing between ACV (Actual Cash Value) coverage, which means any claim would be subject to depreciation, or replacement cost coverage, which means that any item claimed would be replaced at its current market value.

Not exact matches

This could disrupt the global remittance market, valued at $ 514 billion in 2012, by providing a less expensive method for direct transfers globally.8 Current providers may be forced to lower fees or be replaced by entrants like BitPesa, a mobile payment application for Bitcoin in the developing world.

Odds are, if they're good enough for arsenal, they're crucial to their current clubs season already, and it will be difficult for their club to replace in January, which will make it difficult for their club to sell at anything remotely market value: (ideally, we get a loan with the option to buy in January.

An RC settlement will buy new items to replace the damaged ones regardless of current market value, but an ACV settlement will depreciate the value of the damaged items based on age and condition at the time of loss.

The replacement cost will cover to repair broken items, replace them with similar items, or offer a cash settlement for an item at it's current market value.

An insurance company will replace your items at the current market value.

If you have a replacement cost policy, the insurance company will pay to replace the items at the current market value.

You will be much better off with replacement cost coverage (RCC), which will pay to replace your things at current market value, without taking depreciation into account.

There are two coverage plans available: Replacement Cost Settlement, which pays to repair or replace your home without depreciation, and Actual Cash Settlement, which pays to repair or replace your home for what it's worth at current market value.